O’Toole, Gang, Scher, Kakuriyeva and Turaev arrange 1,900-square-foot lease for Russian-based hair salon at 36 West 36th Street
Catherine O’Toole, Executive Managing Director/Principal, Gregory Gang, Executive Managing Director/Principal, David Scher, Managing Director, Milana Kakuriyeva, Director, and Sergio Turaev, Associate, of Lee & Associates NYC have negotiated a second-floor, 1,900-square-foot lease at 36 West 36th Street, between Fifth and Sixth Avenues, for Eksprovocator Hair Club.This will be the third location for the well-known Russian-based hair salon brand which currently has outposts in Moscow and St. Petersburg. The brand also boasts more than 375,000 followers on Instagram.
“Since this location represents their first foray into the United States, the opportunity to be located right off the internationally recognizable Fifth Avenue was a major draw,” says O’Toole, who represented the owner, 36 West 36th Street Assets LLC, along with Scher and Kakuriyeva.
“The Eksprovocator Hair Club team wanted to be located in the center of Manhattan and this bustling Garment District corridor, with its multitude of transportation options nearby, was a perfect fit,” adds Gang, who represented the tenant along with Turaev.
The future home of Eksprovocator Hair Club is conveniently located only a few blocks from the B, D, F, M, N, Q, R and W trains at the 34th Street-Herald Square station. Surrounding retailers and restaurants include Amazon Books, Barn Joo, Monarch Rooftop Lounge, Keens Steakhouse and Macy’s at Herald Square.
Eksprovocator Hair Club will take occupancy on December 1, 2019. The lease term is five years and asking rent was $43 per square foot for the first year.
About Lee & Associates NYC
The New York office of Lee & Associates provides a full array of corporate advisory and commercial real estate services, including office and retail brokerage, sales and investments, and project and property management. The firm has more than 90 real estate professionals in its 845 Third Avenue headquarters office. Additional information is available at www.leeassociatesnyc.com
About Lee & Associates
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients.For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link our company blog.
